MANILA – Lower transmission charges led to a PHP0.1637 per kilowatt-hour (kWh) reduction in Manila Electric Company’s (Meralco) power rates for January 2026, the Pangilinan-led firm announced Monday.
THE MUFG Bank Ltd. Manila Branch (MUFG) announced of having completed its first sustainable trade asset finance transactions with San Miguel Global Power Holdings Corp. (SMGP) and SN Aboitiz Power Magat Inc. to support renewable energy projects under the government’s Green Energy Auction (GEA) program.
THE upstream oil and gas sector is starting the year on an optimistic note, with industry players set to begin their work programs after securing new petroleum service contracts from the government.
The Department of Energy expects to complete 10 gigawatts (10,000 megawatts) of solar power capacity this year to boost the country’s energy security while solidifying its renewable energy goals.
MANILA, Philippines — Energy Development Corp. (EDC) of the Lopez family is ramping up its geothermal push with plans to invest up to P100.88 billion to expand its capacity in Leyte.
MANILA – The Philippine Competition Commission (PCC) has greenlit the sale of three power plants owned by the Power Sector Assets and Liabilities Management (PSALM) Corporation.
MERALCO PowerGen Corp. (MGEN), the power generation arm of Panglinan-led Meralco, on Sunday clarified that SP New Energy Corp. (SPNEC) is a separate and distinct corporate entity from Solar Para Sa Bayan Corp. (SPBC).
Spanish firm ACCIONA Energía is spending P15 billion to complete two renewable energy projects totaling 281 megawatts this year under the fourth round of the Green Energy Auction Program.
The Mindanao Development Authority and Department of Energy plan to launch a green energy auction for Mindanao this year to secure a stable power supply and support the region’s economic growth.
The Philippine Solar and Storage Energy Alliance (PSSEA) called on the government to prioritize the improvement of the permitting process for solar rooftops in 2026 to unlock the potential of the energy sector.